Tata Motors Swing Idea (Short)
Updated
Tata steel is an ideal for shorting position
-->15 min chart forming Head & Shoulder pattern
-->Big Gap below 463
-->Supply zone might be tested at double bottom
-->Price Rejection from PEAK level i.e all time high
(For Education purpose. Consult your advisor before taking any position)
-->15 min chart forming Head & Shoulder pattern
-->Big Gap below 463
-->Supply zone might be tested at double bottom
-->Price Rejection from PEAK level i.e all time high
(For Education purpose. Consult your advisor before taking any position)
Note
Analysis achieved & Update: As mentioned, bottom was tested and Head & shoulder pattern worked with R:R.Total points done 12.Trade closed: target reached
Tata motors reached the expected target .
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